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Re: TIPS vs. Vanguard TIPS Fund
Old 08-14-2006, 03:43 PM   #12
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Quote:
Originally Posted by saluki9
So, in short, your current yield is the best estimate of future yield.* Now with TIPS you are relying on the BLS' calculations, but looking at the long term TIPS and the market is pricing in a similar inflation estimate.
If it wasn't, then it would be shortly after the quants & arbs figured it out and bid accordingly at the auctions...
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